Essay On The Responsibility Of Paying Taxes

It does seem odd to me that here in the United States the current attitude with many is that “Corporations are Citizens” but on the other hand should not pay any taxes to support their responsible citizenship obligations to our society.

Even since 1993, The Queen of England has been made to pay income tax and capital gains tax on her personal income.  Do the United States Corporations have the self-importance hubris of being greater than the Queen?  How did they get the non-thinking, mindless followers to sign onto this level of non-inclusive status for which they are enjoying the benefits so much today?  Do these Corporations not benefit in the police protection, fire fighter protection, armed services to protect the shores of our homeland?

Do they not benefit from the level of infrastructure such as paved roads for shipping their products from one location to the next, safe airports for their air travel, improvements and reliability in the electrical grid for which they so very much depend on to conduct business?

Today many companies are dependent of the subsidized workforce to make their profits on.  Many companies today in the United States only offer a pay scale that no one can support themselves much less a family.  I can give the chicken processing industry as a good example.  Most of their workers live in taxpayers’ subsidized housing, living on taxpayers’ subsidized food stamps to feed themselves and family to live on.  But the local and state governments have given a 10 plus year tax deferment to the chicken industry because they brought employment into the area.  With all of this “Not collecting Taxes, and paying out $Millions to subsidize their labor force, how is this benefiting the area.  We are paying out more than we are getting in return.

The Town of Cambridge has for the last 40 years been giving out these Tax Deferments to many companies who after their 10 year time frame is up and are supposed to start returning back to the community by paying Taxes owed, just pull up stakes and moved to another area to negotiate yet another 10 year Tax Deferment.

I would ask how much did Mitt Romney gain from Tax Deferment Benefits with Bain Capital sucking from the Tax Payers over the years, and then only to borrow against, dismantle and sell off, ending the productive jobs of many citizens in those areas.

I say it is time for the American Tax Payers to sit up and take notice of this “Corporate Welfare System” that has been employed and sold as being “Business Friendly” has cost the citizen tax payers $Billions over the last 40 years and still have nothing to show for it.

Hence The Portrait Of A Teabagger

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11 Responses to “Essay On The Responsibility Of Paying Taxes”

  1. Dog Gone Says:

    Yes, the republicans hate sodomites, are obsessed with the rectum, but do insist the population be flexible to accomodate the convenience and wealth distribution upward to the top %ers.

    The photo though – good lord! where DID you find that? And I thought I had lucked out writing a story earlier today referring to Rupert Murdoch as a pirate – and then came across the perfect photoshopped image of him as one. But this image – genius.

  2. Engineer Of Knowledge Says:

    Hello Dog Gone,
    I have been very busy today but I did stop by your site and I saw the picture you are speaking on. I do intend to leave a comment on Rupert Murdoch when I get a chance. What a Scum Bag he is!!!

  3. MinnesotaCentral Says:

    Good post.

    Another program to consider is the Export-Import Bank. Under the guise of helping American business, a majority of Ex-Im Bank financing uses taxpayer dollars to back overseas sales for large, profitable companies like Boeing, John Deere, Caterpillar, Dell, and GE – businesses that certainly do not need a government handout.
    Congress, with a majority of Republicans who normally complain about the growth of federal involvement, just increased the Ex-Im Bank borrowing cap. This would allow it to “lend” more money to U.S. companies exporting goods to foreign entities that compete with American businesses.

    Jim DeMint spoke against this :
    “Eighty percent of these loans, these Export-Import loans, are given to companies that are in the Fortune 500. So we’re giving taxpayer loans to very profitable companies.
    In other words, American workers are providing funding to companies that are shutting down the plants in which they work, and are moving them to China, Mexico, Vietnam and wherever else they can find cheap labor. What a deal! For example, General Electric has received over $2.5 billion in direct loans and loan guarantees from the Ex-Im Bank. And what was the result? From 1975-1995 GE reduced its workforce from 667,000 to 398,000, a decline of 269,000 jobs. In fact, while taking the Ex-Im Bank subsidies, GE was extremely public about it’s “globalization” plans to lay off American workers and move jobs to Third World countries. Jack Welch, the longtime CEO of GE stated, “Ideally, you’d have every plant you own on a barge.” General Motors has received over $500 million in direct loans and loan guarantees from the Export-Import Bank. The result? GM has shrunk its U.S. workforce from 559,000 to 314,000. Motorola has received almost $500 million in direct loans and loan subsidies from the Ex-Im Bank. The result? A mere 56 percent of its workforce is now located in the United States. In fact, according to Time Magazine, the top five recipients of Ex-Im subsidies over the past decade have reduced their workforce by 38% – more than a third of a million jobs down the drain. These same five companies have received more than 60 percent of all Export-Import Bank subsidies. Boeing, the leading Ex-Im recipient, has reduced its workforce by more than 100,000 employees over the past ten years. Here are a few examples of your Ex-Im taxpayer dollars at work: The Export-Import Bank has provided an $18 million loan to help a Chinese steel mill purchase equipment to modernize their plant. This Chinese company has been accused of illegally dumping steel into the U.S. – exacerbating the crisis in our steel industry. Since 1994, the Export-Import Bank has provided $673 million in loans and loan guarantees for projects related to the Enron Corporation, leaving taxpayers exposed to $514 million. The Ex-Im Bank approved a $300 million loan for an Enron-related project in India even though the World Bank repeatedly refused to finance this project because it was “not economically viable.”

    Corporate Welfare is alive and growing. The GOP appeases the TaxedEnoughAlready crowd with verbage, but when it comes to votes, it backs Corporations.

    Oh, and I like the inclusion of the postman in the cartoon … Eric Cantor announced that he wants a vote on the Issa bill this summer … even though there is another bill that has bipartisan support …

  4. Engineer Of Knowledge Says:

    Hello Minnesota Central,
    Thank you for passing on this most informative contribution. All of my readers will benefit from this input.

    Especially your statement, “Corporate Welfare is alive and growing. The GOP appeases the “Taxed Enough Already” crowd with verbiage, but when it comes to votes, it backs Corporations.”

    Yes!!! If you can’t dazzle them with brilliance, baffle them with Bull Shit!! Ergo the Teabagger photo with his head up his own ass.

    OH MY!! How dare you utter that “Bipartisan Support” blasphemy! Purge those from the voting rolls who you think would not vote for Republican Candidates or your platforms. Let Florida set the example on how to do this.

    Thank you again for your comments Minnesota Central and please come back soon. 🙂

  5. J.O.B. Says:

    EOK- After 5 weeks of research, I think I’m ready to jump into the ring. After all, I just completed a semester of finance classes in 5 weeks. 🙂 After doing all this research on corporations, banking, and deregulation, I watched two documentaries. The first is called, “The Corporation”. This documentary is on Net-Flix. The second is “Inside Job” which is on Net-Flix as well. It is also on “Encore on Demand” which I get through AT&T. As an added bonus, Dottie recently watched it. Loved it do much that he embedded the entire film into a post. http://thebrainpolice.blogspot.com/2012/05/inside-job.html

    My first thought is that no one and I mean no Politician (Democrat or Republican) is looking out for the common good of America and it’s citizens. This is what I’ve been screaming about for years. You have Obama on T.V. talking about helping out the working Middle Class. To me, it’s all bulls##t.

    “Corporate Welfare is alive and growing. The GOP appeases the TaxedEnoughAlready crowd with verbage, but when it comes to votes, it backs Corporations.”
    I find this comment by Minnesota Central interesting. What I notice is that when we (Citizens) bring up Corporate Welfare and deregulation, most people will also bring up the GOP. Not one mention of Bill Clinton’s roll. Worse yet, How about some of the Obama appointments. Our president appointed men that helped in the ‘DEREGULATION OF BANKS’ into some pretty important economic positions. Positions that directly affect the outcome of this country. It is not the GOP that F##ked this country up. It is politicians

    As for your this post.
    “The Town of Cambridge has for the last 40 years been giving out these Tax Deferments to many companies who after their 10 year time frame is up and are supposed to start returning back to the community by paying Taxes owed, just pull up stakes and moved to another area to negotiate yet another 10 year Tax Deferment.”

    “I would ask how much did Mitt Romney gain from Tax Deferment Benefits with Bain Capital sucking from the Tax Payers over the years, and then only to borrow against, dismantle and sell off, ending the productive jobs of many citizens in those areas.”

    “I say it is time for the American Tax Payers to sit up and take notice of this “Corporate Welfare System” that has been employed and sold as being “Business Friendly” has cost the citizen tax payers $Billions over the last 40 years and still have nothing to show for it.”

    1st- This happens in Illinois too, and it is appalling. When Illinois raised taxes on businesses operating from within the state, Indiana paid for billboard adds IN ILLINOIS to draw businesses to there state. Of course the promise was, lower taxes.

    2nd- I do not have an answer to your question. But I see only one way to stop these deferments, and that is for all State Legislators to pull together across the board and stop it. It’s really that simple. If a business wants to relocate to Chicago, with deferments. The States tells them to F##k off. It would be that easy, as long as the other 49 states told them the same thing.
    Simple: You want to start a business in the U.S. You are more than welcome. But you will pay State taxes, just like your employees do.
    However this will never happen. No state representative wants to be the ONE who prevented job growth in their state. Again, all These politicians (Democratic & Republican) have one thing in common. They all want the power that comes with the their elected position. Every decision they make seems to be guided by one thought. “Will this legislation cost me an election”.

    3rd- I would add that it is time for the tax paying citizen to stand up and realize, that Democrats and Republicans have gotten us into this mess.

    In closing I would like to add this. I have visited many blogs, that employ a lot of knowledge and common sense into their posts. But in the end, it is always a battle for the Presidency. It’s either getting Obama reelected, or trying to end his Presidency.
    Me personally, I don’t think either one is fit to run this country.
    God, this country is screaming for a viable Third Party candidate.
    Hopefully we’ll get there one day Brother. That would be true Hope and Change.

    Don’t have time to reply to your comments on the previous thread. Have to go and play Daddy now 🙂
    But I’ll be back later. Have a good afternoon everyone.

  6. Engineer Of Knowledge Says:

    Hello J.O.B.
    I would have to say you and I are not so far apart. I think we are closer than we may think on many issues.

    But being Daddy is very IMPORTANT….I will be here when you get back. 🙂

  7. J.O.B. Says:

    EOK- Now that child is in bed, I can rejoin adulthood. The following comments are in regards to the previous Post and thread. I will put them here because I feel that they fit. Plus I know how hard it is to keep up with a long thread.

    “So I guess I am saying in conclusion, the “Affordable Healthcare Bill” was a need that needed to be addressed”

    I disagree completely. The AHA (Affordable Healthcare Act) affected me badly. I even posted about it.
    http://job60445.blogspot.com/2012/02/its-been-awhile.html
    I pay $9.20 per hour worked for my insurance. Prior to AHA, it was income that I never saw. But in 2014 I will pay taxes on it, even though I still don’t see it, and have no say on how it is spent. This fact has been confirmed by a big time accountant that I would not have access to, if it weren’t for my brother (1%er). Here’s another story. The queen recently had surgery. She received the statement. She was charged 12K. However, her insurance statement stated that she was charged 38K. After speaking with her Uncle who works for the IRS. We found out that come 2014, there will be no regulations to prevent this still. So, if a patient does not have insurance, they would be charged 12k for the procedure. But if you are insured on a Government program, The doctors will still be allowed to triple the charge. Best part? My wife’s premiums will stay the same! Here’s another example of the bulls##t of this Act.
    live in Chicago, which is in Cook County. Cook County has 9 clinics, 4 hospitals, and 1 Trauma Hospital (Which was featured in the NBC series ER). If you go to one of these facilities they will ask you for insurance info. You just tell them you don’t have it. Then they give you the paperwork most medical facilities give you. Only one difference. They never once ask for an I.D. Tell them you’re Donald Duck, then go get some free treatment. All payed for by the working middle class tax paying citizens of Illinois.
    Oh, and how about those middle class citizens? If you make enough money to afford your own policy (Defined by Government), but yet you can’t afford it (My Buddy Jerry), you will be fined $700.

    There is NO WAY that the taxes of working middle class will not go up. Want to know why? I will gladly tell you.
    Even if the AHA was as important as you claim. The Asshat in office put the cart before the horse. Before getting this bill passed, how about you pass the tax reforms that will fund the AHA?

    “You are not taking into consideration the “Lilly Ledbetter Fair Pay Act of 2009” which will benefit your daughter and my daughters in the future.”
    The Lilly Ledbetter Act was a great Amendment to a current civil rights law. I liked it, and took it into consideration. The fact is this. The Ledbetter Act was signed into law on January 29th 2009. Nine days after Obama was sworn in. The 112th Congress was sworn in on January 5th 2011. That leaves 721 days that Obama had control of Congress. What did he do?

    Did he repeal laws that hurt labor unions? (they’re the ones that donated 8.1 Million to Obama’s campaign).
    Did he repeal Gramm- Leach- Bliley?
    Did he reform the tax code?
    The answer is NO. On everything.

    “We are also in agreement that President Obama is not “All things to All people” and should have been more proactive on the economy. (I don’t see how Romney is the answer either) .”

    In regards to your statement above. You’re not sure if Romney is the answer. Just remember in November that you know for fact, that Obama IS NOT the answer. Sounds like we’ll be voting between thoughts, and facts…………………………….
    At least until a TRUE middle class party stands up……….

  8. Engineer Of Knowledge Says:

    Hello J.O.B.
    “A true middle class party stands up”…..Well stated!! You Start It and I’ll Join and Follow.

    My wife does not like the AHA either. As you know my wife manages a Doctor’s office and right now they are not even breaking even with Medicaid and Medicare…..and as I said this is even going to get worse. Medicare is reviewing all Doctor’s charges for the last 10 years and making them take a lesser reimbursing code and demanding $1000’s to be paid back to the Government. All future reimbursing codes will be of the lesser codes charged. If not, the Doctor will be called on the carpet. Bottom line, “The Money Is No Longer There.” Unfortunately with the Baby Boomers getting older and their bodies breaking down from age, taxes (or even private medical premiums) are going to go up for all to try to medically cover them. There of course will be the purging the medical roles of older or simply people with more medical needs from the private medical insurance by many different means.

    Our future is going to be very SAD in the near future for all with regards to this aspect.

    The whole medical industry is going to go through a very drastic change…..and none for the better.

    I will give you this as a prediction; that ALL (across the board) can expect a reduction in pay for their employment in the future and it will not just be less per hour but more being taken out for taxes, plus medical and retirement benefits. Just like water seeking its own level, the American worker will be in parody with the workers in China and India in the long run. The mentality of (Why should I do business in the U.S. when I can get it cheaper with Chinese or Indians?)

    I remember a man who built a house on water front property in the late 1970’s. He brought in a construction group from Mexico long before anyone ever thought of using Mexican labor. They slept in tents and bathed in a neighbor’s pool in the early morning before the neighbors woke up. Employers will bring in work forces as subcontractors from China and India, all working for less than half of what Americans have been working for.

    Just like Govern Walker is cutting the pay scale for teachers, police, and government employees in general, but making them pay more out of their pay check for medical and retirement. Govern Walker is being held up and the example that all States should emulate. I foresee that this is going to happen for everyone not only at the State Government level but the Private Sector too.

    Here is another thought, remember when the Republican were running on how they were going to repeal and make abortion illegal in when running in 2000? After they won both House and Senate and Presidency, the Republican would not even get the Bill out of Committee. I think the unfortunate truth is even with all campaign promises, when it is all said and done, the AHA Bill will not be repealed by a Republican controlled House / Senate and President. In truth, I think for those who want the AHA Bill removed, the Supreme Court will be the best chance this Month….if it does not happen this month, the repeal will not happen at all.

    Well as I will be leaving my family behind a week from now, my wife is taking me to the movies to spend as much time as we can for a while so I have to get ready. I wish I had more time for this reply.

    I know I don’t have to say to you, Please come back soon and reply and I will respond. As you know I have always said, it is through proper dialogue that we all learn and I do appreciate your postings.

  9. J.O.B. Says:

    E- ‘“A true middle class party stands up”…..Well stated!! You Start It and I’ll Join and Follow.” Yea, good luck to me. How many votes do you think I would get?
    I would repeal Affordable Healthcare. But I would also make college education free. Seriously, who would vote for me?

    As for AHA getting repealed, I think it will happen, only because forcing (My buddy Jerry) any American citizen to do anything should be deemed unconstitutional. Do we have to pay a $700 fine if we don’t vote?

  10. Engineer Of Knowledge Says:

    Hello J.O.B.
    “How many votes do you think I would get?” Oh everyone’s time will come. It will be the “Stick To It,” that will win. 🙂

    “But I would also make college education free.” I do like that platform as I have always said, a Country’s true wealth is in a well educated work force, and we need this more today than at any other time in our U.S. history. This would be TAX DOLLARS well invested in our country. But you know there are many of the Ultra Conservative and Tea Party will say that is Socialism. 🙂

    “As for AHA getting repealed, I think it will happen,” Time will tell my friend.

  11. Minnesota Central Says:

    FYI … Although some may appreciate the sentiment of “Fanfare for the Common Man”, they most likely to do not attend classical music concerts … typically that crowd is the same that you would see at a Dressage competition. And in case you did not know, the Queen’s granddaughter wants to represent her country in the Olympics (just has her Father Mark did … winning once and silver the next, and of course Princess Anne is also an accomplished rider).

    So who will the United States send to compete … after all, as you can imagine dressage competition is very expensive … so how fortunate that Rob Rom Enterprises LLC, a foreign corporation registered in Delaware that buys and trains dressage horses has been selected to represent the US …

    Are you familiar with Rob Rom Enterprises LLC, ?
    The Rom is short for Romney … and if you are worrying about how he can afford to pay for this (in case you did not know Mitt Romney has informed voters that he is presently unemployed but actively seeking employment next year) …. the Romneys reported a $77,000 loss from the partnership on their 2010 return.

    Therefore, the Romneys consider this a business … and as a business, they claim the losses on their tax returns.

    Yet, the question should be asked :
    Is this a “hobby” or a real attempt to operate a profitable business ?
    Yes, money can be gained from breeding or “buying and selling” horses or through prize money (for example, the June 29-July 1, 2012 Rocky Mountain Show will have $20,000 in prize money) … but has the Romney’s met the IRS requirement of a business ?
    The IRS rules for determining if an activity qualifies as a business if it makes a profit during at least three of the last five tax years … but without the Romneys releasing those past years, this will be just another nagging question related to the R-money’s tax havens.

    And voters are being asked to hire a man who operates a business at a loss, because he knows “business” … call me confused.

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